LocalCoinSwap. Build the exchange together
Greetings dear friends! Came across a terrific project that is relevant today as ever. The project caught the idea and the training and I immediately decided to participate as an investor and as bountyhunter( project so I was amazed that I even donned his signature in the bounty of the company...Oh how! The name of this smoothie LocalCoinSwap .
LocalCoinSwap (abbreviated LCS ) is a decentralized platform allowing market participants to buy and sell cryptocurrency without intermediaries. The exchange is done on a p2p basis (i.e. hand to hand), does not require verification, and painful expectations. Thus it accepts any payment method , including Fiat currencies. Agree that attractive, isn't it?
At the heart of the exchange lies escrow, which largely solves the problem of existing online platforms for trading cryptocurrency. In the end the user receives the secure exchange without intermediaries. Read more with the idea of the project can be found in the WhitePaper.
Wait, services for the exchange of the crypt there are already more than a few dozen pieces. Than LocalCoinSwap will be able to win the hearts of the army of users?
First and foremost is transparency and honesty. The market participant sees the exchange rate and volume of future operations.
The second advantage of this platform can be attributed to the minimum fee( as a consequence of the absence of intermediaries). This can be attributed to the reduction of risks( falls another side that could potentially "throw" their opponents).
The third bun is the diversity of gateways for exchange. The developers promise a huge list of gateways for the exchange that will impress even the most refined moneychanger. Here to you and common Fiat gateways, and the TOP cryptocurrencies in popularity, and less common
Well, the fourth option is the payment of dividends. The company is ready to share profits with the holders of tokens(will talk about this more below).
The ultimate goal, which has set itself the developers is to create the perfect portal for the exchange of cryptocurrency based on Peer-2-Peer . The guide was seriously thinking to win a piece of the pie from such an attractive and lucrative market. Well, the task is ambitious, but doable.
What problems it solves LocalCoinSwap
Speaking about prospects of development of the future of a startup is to consider what bearing it solves the problem of:
No restrictions on registrations of accounts exchanges(and this is a big problem today). In addition, new users entered the terms of the full verification and minimum refill a significant amount( often $10K). Such restrictions impede the influx of new users on exchange and inhibit the development of kryptonyte in General.
Exchanges with the control centre function by fuzzy rules, which change as they want( and often these changes are to the detriment of their users).
The existing fragmented decentralized crypto currency exchange, which casts doubt on their independence.
Existing decentralized cripture does not contain a full exchange of Fiat and cryptocurrencies. No, of course there are several exchanges that can make this exchange, but they require verification and there are certain limits on deposits and withdrawals.
And finally, I can not think of any exchanger that would share its profit among users. And if with the preceding paragraphs, you can still somehow get used to( like trivia and nothing outstanding), this item boldly displays LocalCoinSwap in potential leaders.
Office promo localcoinswap
Work LocalCoinSwap
With the benefits understood. But how this innovation will operate?
The exchange will occur as follows: the user Selaginella on the exchange, selects the exchange and currency of Deposit, transfer funds, and after that, the cryptocurrency enters his account. Localcoinswap acts as the guarantor of the transaction and takes a small Commission.
Dividends are paid to users who purchased the cryptocurrency of the company (the tokens LCS) and sent them to the purse ERC20. When the project makes a profit every quarter there is a calculation of its value and all the token holders receive dividends. The profit is paid proportionally to the number of tokens that are on the purse. As you can see, everything is simple - keep the tokens that you earn a profit. The result is a platform where you can not only make profitable and safe exchange, but also keeping them easy to earn tokens on the wallet.
The team
On the creation of project work an experienced team of developers. Without exaggeration they can be called real cryptoanalyst, many of them invested in pitocin and Efir at the stage of their origin( in the case of ether on ICO). Behind these guys not only success in investing, but also in the development of blockchain projects. Get to know them better:
Nathan Advisor localeconv Nathan Worsley — chief technical Director Localcoinswap, was one of the first investor in bitcoin and ether. Behind Nathan several successful trading algorithms in the area of the triangular arbitrage between cryptocurrency exchanges. He founded the investment Fund Digital cryptocurrency Assets Management Ltd. Currently based in Hong Kong. In addition Worsley holds the title of senior trader on P2P LocalBitcoins.com. Working in such programming languages as C / C ++, Python, R, Matlab, PostgreSQL, Git, Bash & Linux.
Thomas underwood picture Thomas underwood — Localcoinswap the CFO of the company. Experienced financial analyst and Manager of business development, Thomas has developed a top Australian company. See the transition of the company to the CFA level 1 , that means creating blagopriyatnykh conditions for people who are just starting to understand the cryptocurrency. Among other things, underwood holds the post Australian regional Manager TradingView.com ( I hope this resource needs no introduction).
Daniel WorsleyDaniel Worsley — head of operations. Experienced in business strategy, successful stock and commodity trader with experience more than 8 years. In addition, Daniel is an Advisor to investment firms in Hong Kong. Considers himself a true cryptoanalysts Evangelist and blockchain investor.
Aapeli by localcoinswapAapeli by— Localcoinswap lead engineer for security. He has experience in data Analytics, more than 10 years of experience in development of security systems and software. Writes Python, Java, C ++, Javascript, Pandas, HTML5 / CSS / Javascript, Go, Matlab, Git, Linux, and SQL. By as well versed in networking and software protocols.
Taylor Segel localcoinswapTaylor Segel – the architect of the Blockchain scientist. Led the development on Solidity, Javascript, Matlab, Git, and Linux. Over the years of experience showed itself as a high-class specialist.
Kevin sparks localcoinswapKevin sparks is a leading developer, holds a degree of a developer in computer science(Yes, there is such). Behind Kevin's experience of development in Python and JavaScript with a full range of project development from scratch. In addition, more than 13 years devoted to designing of web projects and softwares. Hobby sparks - the collection and analysis of data in which he also excelled.
Valery Atanelov localcoinswapValery Atanelov— home marketing specialist. Valeriy is an entrepreneur, founder and chief Executive officer growAbric (providing brokerage services). He has international experience in the design and search of analytical solutions and the solution of design problems. The features include living on every continent of our planet and the ability to speak 4 languages.
Maya MiddlesPR representative and author of the content in Localcoinswap. Maya, without exaggeration, an experienced freelance writer and journalist with knowledge in market research consumer testing needs of users in the social networking and business consulting. Considers himself an extreme cryptoanalyst with faith in the blockchain and what it someday will change the world.
Ravi of Ojha localcoinswapRavi ojha the Developer of the product. Has the education of a software engineer. Shares his knowledge and experience on my personal blog( which, incidentally, is popular and has a reputation in narrow circles).
Advisors
George Kaminis — chief technical consultant. George is the founder and Executive producer of the Coinomi Wallet ( who does not know, it is the largest and one of the most reliable and trusted telephone multicurrency wallets with support for over 150 digital assets). In Localcoinswap he advises developers in the creation and scaling software, as well as the introduction of new cryptographic assets and to protect against hacking.
David S. LEE — legal Counsel, senior lecturer, University of Hong Kong ( on the subject "Accounting". Prior to teaching, David worked in investment management in Hong Kong and London. His early career starts in the famous team of Goldman Sachs, where he gained extensive experience as a lawyer and management consulting. At the moment, If a professional continues to advise large companies and entrepreneurs in the field of Finance and technology. Among the merits of David can be attributed the title of master in the field of organizational and social psychology from the London school of Economics and political science, a master's in East Asian studies in international policy from Harvard University. Both the title he defended excellently. He also is a Manager of a CAIA(Chartered Alternative Investment Analyst).
Artem Sergeevis the legal Advisor of the project. He is senior researcher at the University of Hong Kong. Among the achievements include great contribution to the UN mission in Cambodia in which he participated as of the academician. On account of his several articles on different aspects of international law, is the holder of many prestigious academic awards worldwide.
Frank Zhu is also the legal Advisor of the project. Behind Frank's extensive experience in the field of digital technologies in the financial industry. It technical analyst at a major investment Bank. In addition, on account of his more than two years of experience in development and support projects.
Mario Innecco, a financial consultant of the company. In the past, the representative of the FCA (1993-2012), professional, has experience in the role of a Private Banker and stock trader. Currently, Mario works as a market analyst, and economy in a large company and often provides advice and best practices on my Youtube channel.
Vladimir Ninov — Advisor marketing – MBA. He calls himself a serial online entrepreneur.
Road map
Road map Localcoinswap full on event. Most of the work the team plans to spend in 2018, namely to finalize and launch the beta version of the platform. Further time will be spent on scaling and promotion of the project. Actually more for these purposes and be krausel project.
Mass media about the project
The public picked up the idea localcoinswap and actively discussing it on the resources of different caliber. It speaks about steady interest from potential investors
ICO
ICO localcoinswapStage of krautsalat begins in the spring of 2018. The developers plan to implement tokens in the amount of at least $500k( SoftCAP),and the max Planck fees are limited at $20 million. Well , not the biggest numbers for fees. The rate of sales at the stage of ICO is 1 ETH = 2500 LCS . Payment can be made and other popular coins - in the end it would be strange if a future platform for the exchange of limited to receiving payments only in the air.
The coins will be distributed as follows:
70% of the total number will be realized at the stage of ICO
10% team venture Fund
10% of the tokens remains the team
5% to be allocated for payments on the bounty of the company
5% bonus security
So why am I passionate about this project? First of all solution offered by the site. But rather the urgency of the problem, which is long overdue. The problem of exchanges is now the carrier. Centralized exchanges have limited pairs, high amounts for listing coins, a mandatory verification( the latter will agree, is not really fit in with the anonymity of the blockchain as by definition). Decentralized exchanges are not encouraging stability, security, and adequate job. Of course, competitors are not asleep, the same OAX and Exscudo and others. But while Exscudo inhibits the release site, OAX was just gaining momentum, localbitcoins...hmm, personally I am not happy courses and opacity. This is what I am...with all the variety of options Localcoinswap can take its place in the sun ( if the user is not going to blunt and slow down with the release of the platform). Get it from the developers or will it be another "cryptoterrestrial" time will tell. I want to wish the team every success at the training camp and ICO development.
Website: https://www.localcoinswap.com
Whitepaper: https://www.localcoinswap.com/LocalCoinSwap_whitepaper_v1.0.pdf/